$#EthereumFuture 8.05 billion in Bitcoin and Ethereum options expires today—what is the market impact?

Today, Bitcoin

BTCUSD

and Ethereum

ETHUSD

options worth approximately $8.05 billion expire, prompting participants in the cryptocurrency market to prepare for volatility.

Traders and investors should be particularly attentive to the options expiration today due to its size and notional value, increasing the likelihood of potential impacts on short-term trends. However, the sell-to-buy ratios and extreme pain points provide insight into what to expect and potential market trends...